633964-1898-Financial-Returns-accompanying-the-Draft-Estimates-1899 — Page 2

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No. 54.

THE HONGKONG GOVERNMENT GAZETTE, 1ST OCTOBER, 1898.

TREASURY, 31st August, 1898.

The Honourable

SIR,

With reference to my letter No. 49 of the 22nd instant, I have the honour to transmit the following returns:--

1. Estimated Balance of the Assets of the Colony on 31st December,

1898.

2. Estimated Loan Account 1898.*

3. Loan Account, 1897.*

The statement marked A will show how the balance of $365,090.91 is arrived at.

I have omitted all items appearing in the statement of Assets and Liabilities for 1897 set forth at page (C 16) of the Blue Book for 1897 which will form part of the Revenue and Expenditure for the current year.

I have the honour to be,

Sir.

THE ACTING COLONIAL SECRETARY,

Sc.,

yc.,

&e.

* Not printed.

Your obedient Servant,

A. M. THOMSON, Acting Treasurer,

ESTIMATED BALANCE OF THE ASSETS OF THE COLONY,

ON THE 31ST DECEMBER, 1898.

Estimated Revenue, 1898,

Estimated Expenditure, Local,

$2,779.922

$2.147,655

705.048

Do.

Do.. Crown Agents...

2,852,703

Estimated Expenditure in excess over Revanne, .........$

72,781

Loan Works, 1st January to 30th June,

$26,259.06

Do.,

1st July to 31st December,

Total.......

78,000.00 (Estimated).

$104.259.06

Balance of Assets of 1897,*

.$365,090.91

Less Expenditure in excess of 1898 Revenne,....

72.781.00

$292,309.91

Less Loan Works,..

104.259.06

Estimated Balance of 1898 Assets,..

.$7188,050.85

ལ

Explanatory statement A attached.

Including Balance of Loan, $107,775,

Treasury, 31st August, 1898.

A. M. THOMSON, Acting Treasurer.